Australia's largest stock trading and investment forum Australia's #1 stock forum

NAE

Click for more information

0.00%

0.5¢ new age exploration limited

Why would it crash? There are more ecomonies globally that dont...

First 70 Last

Share
Profile

Follow
Subs

3,892 Posts.

945

12/12/18

09:42

Post #: 36828687
Share

Originally posted by CornisKnocker ↑

Originally posted by Kruiser
Given the turn in the market selling lochinvar would have to be a long shot now. Though I do think they should sell it for whatever they can. The alternate might be a recapitalisation of the company and that would destroy the small amount of value left.

If they were offered cash for Redmoor (say $5-$10m) it would be hard to say no given their position. They should be considering all options here and this could be a pathway to better things

The only other option is to raise money on the back of a new project. Would have to be good though to give the share price a boost.

Tough to see how they will create value unless the market turns upward
The political situation in the UK is a nightmare at the moment, we don't know where we are going to end up. If the UK crashes out of the EU with no deal, it may bolster UK Steel production, as we will need to be more self reliant, so a domestic supply of coking coal will be a boon. Alternatively the economy will crash completely and we will lose what's left of our steel industry, in which case coking coal will be worthless here.

Expand

Why would it crash? There are more ecomonies globally that dont rely on being a part of the EU than those that do.

NAE Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 5 more messages in this thread...

First 70 Last

Add NAE (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $7.175M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
36	19454575	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	9763372	5

View Market Depth

No.	Vol.	Price($)
2	2200000	0.006
9	8299899	0.005
6	3650000	0.004
3	2622888	0.003
3	4000100	0.002

Price($)	Vol.	No.
0.007	2536904	6
0.008	3066187	5
0.009	1057001	6
0.010	5904545	3
0.011	500000	1

Last trade - 16.12pm 25/11/2024 (20 minute delay)

NAE (ASX) Chart

Day chart unavailable

SPONSORED BY